The cyber attacks: “80%” of ransomware victims pay, says the insurer | Money news Aitrend

The cyber attacks: “80%” of ransomware victims pay, says the insurer | Money news

 Aitrend

The vast majority of companies struck by ransomware attacks in the past year have paid, according to an insurance specialist report which warns against the mixed results for those who do it. The Home Company Insurer Hiscox has published its annual cyber preparation report in a context of concern concerning a series of cyber attacks … Read more

The fast -growing engine insurer Cuvva enlist bankers to explore the sale | Money news Aitrend

The fast -growing engine insurer Cuvva enlist bankers to explore the sale | Money news

 Aitrend

CUVVA, a short -term rapid automobile insurance supplier, wrote advisers to explore a sale a decade after its foundation. Sky News learned that Cuvva hired Perella Weinberg Partners in the interest of potential buyers following a series of unsolicited approaches. Sources have indicated that a sales process should start in the coming months. Money Dernited: … Read more

Former Aviva Wilson chief to preside over the British insurer’s insurer expert | Money news Aitrend

Former Aviva Wilson chief to preside over the British insurer’s insurer expert | Money news

 Aitrend

The policy expert, home insurer, engine and pet with 1.5 million British customers must highlight his growth ambitions by appointing former Aviva Mark Wilson chief as a new president. Sky News learned that Mr. Wilson, who also headed the Asian AIA insurance company, will become president of the monthly company after the Cinven buyout company … Read more